As of May 01, 2025, the average annual salary for a Loan Underwriter I in Tempe, AZ is $57,285. Salary.com reports that pay typically ranges from $51,438 to $61,555, with most professionals earning between $46,115 and $65,443.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $61,555 | $5,130 | $1,184 | $30 |
| Average | $57,285 | $4,774 | $1,102 | $28 |
| 25th Percentile | $51,438 | $4,287 | $989 | $25 |
An entry-level Loan Underwriter I with under 1 year experience makes about $56,849. With less than 2 years of experience, a mid-level Loan Underwriter I makes around $57,413. After 2-4 years, the Loan Underwriter I pay rises to about $58,369. Those senior Loan Underwriter I with 5-8 years of experience earn roughly $58,560, and those Loan Underwriter I having 8 years or more experience are expected to earn about $58,687 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Underwriter I | $56,849 |
| Intermediate Level Loan Underwriter I | $57,413 |
| Senior Level Loan Underwriter I | $58,369 |
| Specialist Level Loan Underwriter I | $58,560 |
| Expert Level Loan Underwriter I | $58,687 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 1% |
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Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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Commercial Banking: Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).
| Skill | Salary | Demand |
|---|---|---|
|
Portfolio Management
|
$77,335 |
35%
|
|
Decision Making
|
$77,335 |
35%
|
|
Balance Sheet
|
$77,335 |
35%
|
|
Integrity
|
$74,471 |
30%
|
|
Critical Thinking
|
$74,471 |
30%
|
|
Flexibility
|
$71,607 |
25%
|
